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<br /> "co�enant and agreement" is used in Sect�on 9. If Barrower is obligated to pay Escraw Items directly, pursuant to
<br /> a wai��r, and Borrawer fails�o pay the arnaunt due for an Escrow Item, Lender may exercise its rights under Se�tion
<br /> 9 and pay such amount and Borrovver shali then b�ob�igat�d under Sec�i�n 9 ta repay�o Lender any such amaunt.
<br /> Lender may r��oke the wai�er as to any ar all Escrvw Items at any time by a notice given in accardance v�ith Secrion
<br /> 15 ar�d, upon such re�ocatian, Borrawer shall pay to Lender all Funds, and in such amaunts, that are then required
<br /> under th�s Sectifln 3.
<br /> Lender may, at any time, collect and hold Funds in an amount�a}sufficient to permit Lender to apply the Funds
<br /> at the time specif�ed u.nder RESPA, and(b}not t�exceed the maxirnum arnount a lender can require under RESPA.
<br /> Lender shall estirnate the amount of Funds due on the basis af current data and reasnnahle estirnates of expenditures
<br /> of future Escrow Items or otherwis� in accordance with Applicable Law.
<br /> The Funds sha11 be held in an institution whose depasits ar� insured by a federal agen�y, instrumentality, or
<br /> entity {inciuding Lender, if Lender �s an institution whose depasits are so insured} or in any Federal Hame Loan
<br /> Bank. Lender shall apply the Funds tn pay the Escrow Items no later than�he time specified under RESPA. Lender
<br /> shall nflt charge Borrnwer for hnlding and applying the Funds, annually ana�yzing the escrow ac�oun�, �r�erifying
<br /> th� Escraw Items, uniess Lender pays Borrower interest an�he Funds and Applicable Lavv permits Lend�r to rnake
<br /> such a charge. Unless an agreement�s made in wr�ting or App�icable Law requires int�rest to be paid an the Funds,
<br /> Lender shall nat be requ�r�d ta pay Barrower any interest or earnings an�h�Funds. Borrawer and Lender can agree
<br /> in writing, howe�er, that interest sha�l be paid on the Funds. Lender shal� gi�e �o Barrower, withou� charge, an
<br /> annual ac�vunting of the Funds as required by RESPA.
<br /> If there is a surplus of Funds held�n escrow, as defined under RESPA, Lender shall accaunt to Borrower for
<br /> the excess funds in accordance with RESPA. If there is a shortage of Funds held in escrow,as d�fined under RESPA,
<br /> Lender sha11 notify Borrower as required by RESPA, and Borrower shall pay to Lender the amount necessary ta make
<br /> up the shar�age in accordance with RESPA, but in no rnare than 1� monthly paymen�s. If there is a deficiency�f
<br /> Funds held�n escrow,as defined under RESPA, Lend�r shall notify Borrower as required by RESPA, and Borrawer
<br /> shall pay to Lender the amount necessary to make up the d�ficiency�n accordance with RESPA, but in no rnare than
<br /> 1� man�hly payrnents.
<br /> Upan payrnent in fu11 of all sums secured by this Security Ynstrument, Lender shall promptly refund�o Borrower
<br /> any Fu.nds he�d by Lender.
<br /> 4. Charges; Liens. Borrawer shall pay all�axes, assessments, charges, fines, and imposit�ans attri�utab�e to
<br /> the Property which can a�tain priority a�er this Security Instrument, leaseha�d payrnents ❑r ground rents on the
<br /> Praperty, if any, and�amrnunity Association I]ues, Fees, and Assessrnents, if any. To the extent that these items
<br /> are Escrow�terns, Borrower sha1�pay them in the manner provided in Sectian 3.
<br /> Barrower sha11 promptly discharge any lien which has priority ❑�er this Security Instrument unless Borrawer:
<br /> �a}agrees in writing�a the payment�of the abligatian secured by the lien in a manner accep�b�e to Lender, but�nly
<br /> sa long as Borrawer is performing such agreemen�; �b� cantests the lien in goad fa�th by, ar defends against
<br /> enforcernen�af the iien in, lega�proceedings wh.i�h in Lender's apinion operate tv pre�ent the enforcernen�of�he lien
<br /> whi�e those proceedings are pending, hut only unti� such proceedings are concluded; ar�c}secures fram the ho�der
<br /> of the �ien an agreement satisfactory to Lender subardinating the lien to t�115 Securi�y Instrument. If Lender
<br /> determines that any part af the Praperty�s subj ect to a�i�n which can attain priority o�er this Security Instrument,
<br /> Lender may gi�e Borrower a notice identifying the �ien. VLrithin 1� days of the date on which that notice is g��en,
<br /> Barrawer shall satisfy the lien ar take one ar more of the aCtions se�forth aba�e in this Sectian 4.
<br /> Lender may require Borrower to pay a one--time charge for a real estate tax�erification andlor reporting service
<br /> used by Lender in Connection with �his Loan.
<br /> 5. Property Insurance. Barrower shall keep the impro�ernents novv e�isting or hereafter erected on the
<br /> Property insured against loss by fire, hazards included within the term "extended co�erage," and any other hazard�
<br /> includxng, but nat iirnited ta, earthquakes and floods, far which Lender requires insurance. This �nsurance sha�l be
<br /> maintained in �he amaunts ��ncluding deductib�e levels} and for the periods that Lender requires. �Vha� Lender
<br /> requires pursuant to the preceding sentences Can change during the term of the Loan. The insurance carrier prn�iding
<br /> the insuranee shall be chosen by Barrower sub�ect to Lender's right ta disappro�e Borrawer's choic�,vvhi�h right sha�l
<br /> NEBRASKA-5ingle Fami�y--Fannie MaelFreddie Mac UNIF�RM INSTRUMENT - MERS pa�8�c
<br /> Form 3��8 �1�1 Page 5 of �5 www.docmagic.corrr
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